Many shoppers are finding buying a used vehicle to be a better option compared to buying a new vehicle for many different reasons. New vehicles are getting very expensive that they are completely out of reach, however there are a lot of affordable used cars in santa maria that market is now shifting in that particular direction.
Certified and Inspected
Certified used cars assure buyers that they are getting the quality and thoroughly inspected vehicle that is a good bargain. Certified used cars are refurbished, inspected, and also certified by the car manufacturer and certifying authority, which assures the car is of high quality. The certified used cars have got the extended warranty, financing and various other benefits. The new cars just hold an assurance they’re new.
We know buying secondhand car is a cheaper option compared to the new one. And whilst we are sure we do not want to repeat it oft-quoted fact on car depreciation, but we will check out: cars lose its value when they are taken out of their lot. An amount can be between 15% to 35% in its first year. However, if that lot has used cars, sudden loss of the value will be less. Actually, most of the depreciation happens in first 8 – 10 years of the car’s life. After that time, it is possible that value may plateau, however in a few cases, it may rise as a car gets considered as ‘classic’.
On an average, used vehicle prices are 50% lower than the new cars! You can pay off the used car faster and saving you the financing fees. The consumers switch vehicles on an average 6 years after their purchase, and in case you have paid around $10,000 for the used car than $20,000 for the new car, you can opt in the nicer vehicle for your next car or buy $10,000 car, creating your special!
With the environmental issues demanding higher investments are ‘circular’, hence going for the used car will be a right move. This said, some checks and assessments will be needed to make sure your purchase is the judicious one.